PART A. (1) Edge Ltd operates a store franchise featuring sports merchandise. It uses an EOQ decision model to make inventory decisions. It is now considering inventory decisions for its Brisbane Lions AFL jerseys product line. This is a highly popular item. Data for 2024 are as follows: Expected annual demand for Lions jerseys 19000 Ordering cost per purchase order $376.37 Carrying cost per year $17.15 per jersey Each jersey costs $14148_ and sells for $212.22 The $17:15 carrying cost per jersey per year consists of the required return on investment of $14.15 _plus $3 in relevant insurance, handling and storage costs. The purchasing lead time is 9 days. Edge Ltd is open 365 days a year. Required 1. Calculate the EOQ. [5 marks] 2. Calculate the number of orders that will be placed each year. (5 marks] 3. Calculate the reorder point. [5 marks]